Extended warranty worth it?

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  • Extended warranty worth it?


Answer #1 | 20/12 2013 07:30
Most professionals advise against extended warranties. I recommend them for the specific reason that any one repair you may need in the next 4 years will cost you well over 200USD. In many cases insured TVs are replaced with comparable model rather than repaired.
Answer #2 | 20/12 2013 10:04
I always advise TV buyers to *not* buy an extended warranty or protection plan. Statistically, anything that's going to go wrong with a relatively new TV will happen during the first year when it's covered by the manufacturer's warranty. If you buy an extended warranty for 2 or 3 years beyond that, the TV may or may not fail during that time, and if it does, the cost of repair could be less than the cost of the extended warranty. An extended warranty is a gamble, and the buyer rarely wins the bet. may already have a free extended warranty, depending on where and how you bought the TV. The use of certain credit cards automatically doubles the manufacturer's warranty, which generally means 2 years of coverage at no extra cost. Check the terms of your credit card agreement, or call the bank. You get the same thing by buying a TV at Costco, no matter how you pay.

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